GREY:RGVNF - Post by User
Post by
stocktalk2on Dec 01, 2008 11:41am
393 Views
Post# 15620349
McCallan deal
McCallan dealAs you can clearly see in the financial, Wolfgang could not make the million dollar payment. What a surprise!!! So he buys time by giving REV $50,000 and removing the legend on the 10 million shares. Great deal for Wolfgang in today's market....another surprise..right?
So REV, has about $3.6 million into the deal and to date has received $50,000 and 10 million worthless shares of Eurogas back.
But I'm sure Wolfgang will find the money by March 09...NOT! Probably doesn't have any intention making the payment. We most likely will be seeing this same extension going on in 2010, 11, 12 etc.